{"id":99448,"date":"2025-08-06T00:00:00","date_gmt":"2025-08-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/06\/lucids-market-impact-and-football-clubs-ramping-up-the-competition\/"},"modified":"2025-08-06T00:00:00","modified_gmt":"2025-08-06T00:00:00","slug":"lucids-market-impact-and-football-clubs-ramping-up-the-competition","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/06\/lucids-market-impact-and-football-clubs-ramping-up-the-competition\/","title":{"rendered":"Lucid\u2019s market impact, and football clubs ramping up the competition"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> On the latest episode of RiyalDeal (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/english.alarabiya.net\/webtv\/programs\/riyaldeal\/2025\/07\/28\/lucid-middle-east-president-on-ev-goals-and-shifting-market-attitudes\" style=\"\" rel=\"noopener\">watch, runtime: 30:22<\/a><\/strong><strong>), the spotlight was on EV <\/strong><strong>manufacturer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/lucidmotors.com\/\" style=\"\" rel=\"noopener\">Lucid Motors<\/a><\/strong><strong>. <\/strong>Tom Burges Watson hosted Middle East President Faisal Sultan (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/faisalsultan\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>). that Lucid will go online in two unnamed GCC countries next year, part of an expansion strategy in the region, complementing its presence in the region besides the Kingdom and the UAE, Sultan said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Highlighting Lucid\u2019s Saudi manufacturing plant<\/strong>, its second after Arizona\u2019s, Sultan said that Lucid eyes expanding its production with new EVs, including its newly launched Lucid Gravity SUV and a more affordable mid-sized vehicle to be announced as soon as next year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Kurat Al Mal by Radio Asharq (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/RadioAsharq\/status\/1952038044627845195\" style=\"\" rel=\"noopener\">watch, runtime 05:05<\/a><\/strong><strong>)<\/strong> saw Thamer Al Humaid (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/thamer-alhumaid-942a6b113\/?originalSubdomain=sa\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) discuss how market value became a main pillar in determining a football club\u2019s competitiveness rather than historical reputation or strength, at a time when the Saudi Pro League is fundamentally changing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Humaid shed light on Al Qadsiah to demonstrate the impact of market value<\/strong>. Despite not being one of the traditional \u201cbig four,\" its EUR 120 mn market valuation \u2014 exceeding that of Al Ittihad (EUR 113 mn) \u2014 opened doors for it to secure high-profile players like Pierre-Emerick Aubameyang from Marseille <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/c0b8f77e-4502-4e3f-baa9-7041d6c544ad\" style=\"\" rel=\"noopener\">in July 2024<\/a> and the top scorer from the Italian League (Serie A), Mateo Retegui <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/f8efdfcb-8046-4aa2-b6f1-52d6de5b1e1a\" style=\"\" rel=\"noopener\">last month<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> ALSO WORTH WATCHING-<\/p>\n<ul>\n<li><strong>The Mo Show (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=tKIMg5iPzfA\" style=\"\" rel=\"noopener\">watch, runtime: 1:18:54<\/a><\/strong><strong>)<\/strong> chats with Tareq Amin (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/tareq-amin\/\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), CEO of PIF\u2019s subsidiary <a target=\"_blank\" href=\"https:\/\/www.humain.ai\/en\/\" style=\"\" rel=\"noopener\">Humain<\/a> about the company\u2019s journey from an idea during an AI brainstorming in Saudi\u2019s Royal Court in August last year, to its launch <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/10b69e00-e612-47e3-a39e-0838f7211ba5\" style=\"\" rel=\"noopener\">in May<\/a>.<\/li>\n<li><strong>Sabah Al A\u2019mal (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/RadioAsharq\/status\/1951961400361807995\" style=\"\" rel=\"noopener\">watch, runtime 03:36<\/a><\/strong><strong>)<\/strong> saw Salman Al Qarni unpack rental transactions retreating to about 50% in Riyadh and 42% in eastern Riyadh during the last four months, as the market awaits real estate reforms to bring down inflated prices.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Riyal Deal hosted PIF-backed Lucid Motors Middle East President Faisal Sultan<\/p>\n","protected":false},"author":1,"featured_media":99449,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3821],"tags":[10,3820,4370,3819],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-on-talk-shows","tag-enterpriseam-ksa","tag-on-talk-shows","tag-riyal-deal","tag-the-mo-show","wpautop","entry"],"acf":{"mongo_id":"e0cce975-0c74-4575-841e-498052cce315","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/339.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Lucid\u2019s market impact, and football clubs ramping up the competition","related_issue":[99433],"teaser":"Riyal Deal hosted PIF-backed Lucid Motors Middle East President Faisal Sultan","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.c1003212-25e8-4f56-b0ec-8a943e7e3240.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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